Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Growington Ventures India Ltd reported strong FY2026 standalone revenue of Rs. 12,653 lakhs (up 107% from Rs. 6,109 lakhs in FY25), with PAT at Rs. 341 lakhs (up 39% YoY). Consolidated revenue was Rs. 13,183 lakhs with PAT of Rs. 462 lakhs (up 87% YoY). However, the company posted a significant negative operating cash flow of Rs. -4,696 lakhs (standalone) and Rs. -4,718 lakhs (consolidated), primarily due to a surge in trade receivables from Rs. 1,272 lakhs to Rs. 7,906 lakhs and inventory buildup. The auditor issued an unmodified (clean) opinion with no going concern issues. The board also re-appointed Mr. Lokesh Patwa (brother of Whole-time Director/CFO Mr. Mukesh Patwa) for 5 years. Related party transactions were noted and disclosed.
While revenue and profit growth are impressive, the large negative operating cash flow despite profitability is a concern and may indicate aggressive revenue recognition or working capital stress. Shareholders should monitor cash collection and receivables recovery closely.